INCOME STATEMENT (Quarterly GAAP In millions $) |
(Jun 30 2019) II. Quarter |
(Mar 31 2019) I. Quarter |
(Dec 31 2018) IV. Quarter |
(Sep 30 2018) III. Quarter |
(Jun 30 2018) II. Quarter |
Interest and Fee Income, Loans and Leases |
13.02 |
12.99 |
14.54 |
14.59 |
15.34 |
Interest and Dividend Income, Securities |
3.26 |
3.33 |
3.23 |
2.43 |
2.37 |
Interest Income, Federal Funds Sold |
- |
- |
-0.04 |
- |
0.02 |
Other Interest and Dividend Income |
1.66 |
1.13 |
1.61 |
1.42 |
1.00 |
Total Interest Income |
17.95 |
17.45 |
19.34 |
18.44 |
18.74 |
Interest Expense, Deposits |
1.67 |
1.68 |
1.67 |
1.60 |
1.41 |
Interest Expense, Short-term Borrowings |
0.08 |
0.10 |
-0.31 |
0.10 |
0.15 |
Interest Expense, Junior Subordinated Debentures |
- |
- |
1.01 |
- |
0.26 |
Interest Expense, Other |
0.28 |
0.29 |
-0.27 |
0.27 |
- |
Total Interest Expense |
2.03 |
2.06 |
2.10 |
1.97 |
1.81 |
Net Interest Income |
15.92 |
15.38 |
17.24 |
16.47 |
16.93 |
Provision
for loan losses |
4.76 |
7.60 |
12.00 |
4.30 |
0.44 |
Total Net Interest Income |
11.16 |
7.78 |
5.24 |
12.17 |
16.49 |
Service Fees, Investment Banking, Brokerage and Other Transactions |
- |
- |
-3.05 |
- |
- |
Profit (Loss) from Real Estate Operations |
- |
- |
- |
- |
- |
Other Noninterest Income |
0.27 |
0.39 |
-0.03 |
1.15 |
0.99 |
Fees Atm And Debit Card |
2.04 |
1.93 |
2.62 |
1.80 |
1.88 |
Executive Officer Life Insurance Proceeds |
- |
- |
- |
- |
- |
Debt Securities Available For Sale Realized Gain Loss |
- |
1.27 |
0.07 |
-0.02 |
-0.05 |
Loss/ -Gain on Investment |
0.20 |
0.37 |
-0.05 |
- |
- |
Other Non-Interest Income |
1.60 |
1.69 |
-9.86 |
-4.00 |
1.41 |
Atm And Debit Card Expense |
0.68 |
0.62 |
0.68 |
0.65 |
0.65 |
Losson Transfer of Loans To Held For Sale |
- |
- |
0.10 |
- |
0.01 |
Regulatory Remediation Expense |
- |
- |
14.22 |
5.50 |
- |
Total Noninterest Income |
4.79 |
6.27 |
4.70 |
5.09 |
4.88 |
Total Revenues |
15.95 |
14.06 |
9.95 |
17.26 |
21.37 |
Salaries & employee benefits, SGA |
8.94 |
9.70 |
8.90 |
7.76 |
7.92 |
Restructuring, Accretion & impairment charges |
1.15 |
- |
- |
- |
- |
Real Estate, Other Assets Expense |
- |
- |
- |
- |
- |
Occupancy, Net |
3.82 |
4.16 |
0.98 |
3.81 |
3.86 |
Professional Fees and Commission |
1.16 |
1.88 |
-9.35 |
2.54 |
1.10 |
Policyholder Benefits and Claims Incurred, Net |
- |
- |
- |
- |
- |
Equipment, Postage and Supplies Net |
- |
- |
- |
- |
- |
Federal Deposit Insurance Corporation Premium Expense |
- |
- |
-1.30 |
0.36 |
0.51 |
Other Noninterest Expense |
3.10 |
3.52 |
10.41 |
2.90 |
8.24 |
Other loss/ -income |
0.68 |
0.62 |
15.00 |
6.16 |
0.66 |
Total Operating
Expenses |
18.85 |
19.89 |
24.64 |
23.53 |
22.27 |
Total Costs & Expenses |
20.88 |
21.95 |
26.74 |
25.50 |
24.09 |
Income /-loss before income taxes |
-2.90 |
-5.83 |
-14.70 |
-6.27 |
-0.91 |
Income taxes expenses/-benefit |
- |
- |
7.61 |
-1.37 |
-0.24 |
Income after income taxes |
-2.90 |
-5.83 |
-22.31 |
-4.90 |
-0.67 |
Net income/-loss
of other equity |
- |
- |
0.00 |
- |
- |
Income /-loss after income taxes |
-2.90 |
-5.83 |
-22.31 |
-4.90 |
-0.67 |
Noncontrolling Interests |
- |
- |
- |
- |
- |
Discontinued Operations |
- |
- |
- |
- |
- |
Extraordinary Items |
- |
- |
- |
- |
- |
Net Income/-loss |
-2.90 |
-5.83 |
-22.31 |
-4.90 |
-0.67 |
Noncontrolling interests |
- |
- |
- |
- |
- |
Prefered dividends |
0.81 |
0.81 |
0.81 |
0.81 |
0.81 |
Other |
- |
- |
- |
- |
- |
Income/-loss to shareholder |
-3.71 |
-6.64 |
-23.12 |
-5.71 |
-1.48 |